Canada's CPI rises 2.2 pct in October


By Lin Wei

OTTAWA, Nov. 17 (Xinhua) -- Canada's Consumer Price Index (CPI) rose 2.2 percent on a year-over-year basis in October, down from a 2.4 percent increase in September, Statistics Canada said Monday.

The all-items CPI decelerated largely due to gasoline prices, which fell at a faster pace year over year in October compared with September, said the national statistical agency, adding that excluding gasoline, the CPI rose 2.6 percent in October, matching the increase in September.

Slower growth in grocery prices further contributed to the deceleration in the CPI in October, which was moderated by higher prices for cellular phone plans, said the agency.

The CPI rose 0.2 percent month over month in October. On a seasonally adjusted monthly basis, the CPI was up 0.1 percent, said Statistics Canada.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

US provides Ebola treatment for outbreak in Congo, bringing trials closer
Peru's Sanchez says he will not recognize results of presidential runoff
Madrid skyscraper fire is under control, police say
Evacuation plan through Hormuz for stranded ships in Gulf underway, UN agency say
Climate-vulnerable countries push for global funding framework
EU hosts Taliban officials in Brussels for first time
Russia eyes diesel export ban, fuel imports amid Ukrainian strikes; Crimea restricts public life
Russian attack kills three in Ukraine's Kryvyi Rih, official says
Vatican rejects proposal to allow sermons by Catholic women
Ukraine's Zelenskiy to skip Poland reconstruction forum amid row

Others Also Read